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Old 09-12-2012   #10
mdost03
 
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Join Date: Jul 2005
Location: Litchfield
Drives: VA STI
Posts: 1,793
Re: Question for people who know DMV TTL rules

Quote:
Originally Posted by Goat Blower View Post
You will both pay tax on those vehicles. However, you might get away with listing the Xterra at $2999 and get the flat tax, depends on the miles, it fits by the 10-year rule. I don't think I'd risk it for ~$350 in tax.
So if there is no money exchanged (straight trade), how do they figure out how much in taxes you pay? Do they go by the value of the vehicle then?
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